U.S. Wind Industry Third Quarter 2016 U.S. Wind Industry Fourth Quarter 2014 Market Report

Transcription

1 American Wind Energy Association American Wind Energy Association U.S. Wind Industry Third Quarter 2016 U.S. Wind Industry Fourth Quarter 2014 Market Report Market Report A product of AWEA Data Services A product of AWEA Data Services Released January 28, 2015 Released October 20, 2016 The U.S. wind industry installed 895 megawatts (MW) during the third quarter of 2016, bringing year-to-date installations to 1,725 MW. The U.S. now has an installed capacity of 75,716 MW. Project developers reported over 20,000 MW of wind capacity under In the fourth quarter of 2014, the American wind energy industry installed 3,600 construction or in advanced development, with more than 3,700 MW of megawatts (MW). In total during 2014, 4,854 megawatts (MW) were installed, new announcements made during the third quarter. There are now 13,563 nearly five times more than the industry installed in The U.S. now has an MW under construction and 6,717 MW in advanced development. installed wind capacity of 65,879 MW. Nearly 3,200 MW of power purchase agreements (PPA) have been signed There are over 12,700 MW of wind currently under construction, with more than since the beginning of ,300 MW of power purchase agreements signed in 2014.

2 Table of Contents Key Takeaways 3 U.S. Annual and Cumulative Wind Power Capacity Growth 4 U.S. Wind Power Capacity Installations, by Quarter 5 U.S. Installed Wind Power Capacity, by State 6 U.S. Installed Wind Power Capacity, Top States 7 Wind Power Capacity Under Construction or in Advanced Development 8 Wind Power Capacity Under Construction 9 Map of Wind Power Capacity Under Construction 10 Wind Power Capacity in Advanced Development Map of Wind Power Capacity in Advanced Development Wind Power Capacity Offtake Status Power Purchase Agreement Signed during 2016 Project Acquisition Activity Market Share for Turbine Manufacturers Utility-Scale Wind Projects Completed during Map of Projects Online & Under Construction during Wind Power Projects Under Construction New Power Purchase Agreements New Project Acquisition Activity Electric Utility Requests for Proposals (RFPs) American Wind Energy Association U.S. Wind Industry Third Quarter 2016 Market Report AWEA Public Version 2

3 Key Takeaways 2016 Wind Project Installations The U.S. wind industry installed 895 MW of wind capacity during the third quarter of 2016, bringing year-to-date installations to 1,725 MW. The industry installed 390 wind turbines across seven states during the third quarter. Texas led the country with 620 MW of wind capacity installed, becoming the first state to surpass 18,000 MW of installed wind capacity. Wind projects were also commissioned in Minnesota (200 MW), Maine (43 MW), Rhode Island (12 MW), Oregon (10 MW), Massachusetts (8 MW), and Utah (2 MW). There are now 75,716 MW of installed wind capacity in the United States, with more than 49,000 wind turbines operating in 40 states, plus Guam and Puerto Rico. GE Renewable Energy and Vestas installed a combined 98% of the 895 MW commissioned during the third quarter. Wind Capacity Under Construction or in Advanced Development Project developers reported 13,563 MW under construction and 6,717 MW in advanced development, a combined 20,280 MW of wind capacity. Since the beginning of 2016, combined under construction and advanced development capacity has averaged 15% growth quarter over quarter. Project developers reported 2,501 MW in new construction announcements. Texas led the nation with 895 MW in new announcements. The industry also reported 1,216 MW in new advanced development announcements, including Alliant Energy s planned 500 MW Whispering Willow expansion in Iowa. Strong Power Purchaser Activity Project developers signed 729 MW of PPAs during the third quarter, including 458 MW signed by corporate and other emerging customers of wind. For the year, non-utility purchasers represent 33% of total project capacity contracted. The 3,193 MW in year-to-date signed PPAs represent a 39% increase in activity compared to the same time period last year. 20 electric utilities released wind-eligible requests for proposals (RFPs) year-to-date, with nine RFPs released specifically for wind energy capacity. Three open RFPs are currently seeking up to 1,800 MW of wind capacity. American Wind Energy Association U.S. Wind Industry Third Quarter 2016 Market Report AWEA Public Version 3

4 U.S. Annual and Cumulative Wind Power Capacity Growth 80,000 Cumulative Capacity 73,992 75,716 70,000 Annual Capacity Installations 1Q Capacity Installations 65,877 60,000 2Q Capacity Installations 60,012 61,110 3Q Capacity Installations Wind Power Capacity (MW) 50,000 40,000 30,000 4Q Capacity Installations 35,068 40,283 46,930 25,065 20,000 16,702 10,000 4,147 4,557 6,222 6,619 8,993 11, Note: Utility-scale wind capacity includes installations of wind turbines larger than 100-kW for the purpose of the AWEA U.S. Wind Industry Quarterly Market Reports. Annual capacity additions and cumulative capacity may not always add up due to decommissioned, uprated and repowered wind turbines. Wind capacity data for each year is continuously updated as information changes. American Wind Energy Association U.S. Wind Industry Third Quarter 2016 Market Report AWEA Public Version 4

5 U.S. Wind Power Capacity Installations, by Quarter 9,000 1Q 8,385 4Q 8,000 7,000 2Q 3Q 4Q 3Q 6,000 2Q Wind Power Capacity (MW) 5,000 4,000 3,000 3,080 4,114 3,298 3,446 1Q 3,600 5,001 2,000 1,589 1,695 1,837 1,661 1,603 1, , ,118 1,050 1, , , American Wind Energy Association U.S. Wind Industry Third Quarter 2016 Market Report AWEA Public Version 5

6 U.S. Installed Wind Power Capacity, by State AK 62 CA 5,662 OR 3,163 WA 3,075 NV 152 ID 973 UT 391 MT 665 WY 1,410 CO 2,965 ND 2,143 SD 977 NE 926 KS 3,836 MN 3,435 IA 6,365 MO 459 WI 648 MI 1,531 IL 3,842 IN 1,895 KY OH 444 WV 583 PA 1,340 VA VT 119 NY 1,749 ME 656 NH 185 MA 115 RI 21 CT 5 NJ 9 DE 2 MD 190 GU <1 HI 203 AZ 268 NM 1,112 TX 18,531 OK 5,453 AR LA MS TN 29 AL GA SC FL NC PR to 100 MW >100 MW to 1,000 MW >1,000 MW to 5,000 MW >5,000 MW to 10,000 MW >10,000 MW American Wind Energy Association U.S. Wind Industry Third Quarter 2016 Market Report AWEA Public Version 6

7 U.S. Installed Wind Power Capacity, Top States Texas 1 Iowa 2 California 3 Oklahoma 4 Illinois 5 Kansas 6 Minnesota 7 Oregon 8 Washington 9 Colorado 10 North Dakota 11 Indiana 12 New York 13 Michigan 14 Wyoming 15 Pennsylvania 16 New Mexico ,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 9,000 10,000 11,000 12,000 13,000 14,000 15,000 Through Q Q Q 2016 Texas led the country during the third quarter with 620 MW of wind capacity installed, followed by Minnesota (200 MW), Maine (43 MW), Rhode Island (12 MW), Oregon (10 MW), Massachusetts (8 MW), and a single turbine installation in Utah. Texas became the first state to surpass 18,000 MW during the third quarter. Given construction activity, Oklahoma and Kansas are both on pace to become the third- and fifthranked states in installed capacity by the end of 2016, respectively, overtaking California and Illinois. With 400 MW under construction, Nebraska is soon expected to be the 18th state to join the Gigawatt Club. 16,000 17,000 18,000 19,000 Top Five States with Wind Power Capacity Additions (MW) during 2016 State 3Q Total Texas Oklahoma Minnesota Iowa Kansas 0 72 American Wind Energy Association U.S. Wind Industry Third Quarter 2016 Market Report AWEA Public Version 7

8 Wind Power Capacity Under Construction or in Advanced Development Project developers reported a combined 20,280 MW of wind power capacity in two development stages during the third quarter, with 13,563 MW reported under construction and 6,717 MW reported in advanced development. Since AWEA began tracking advanced development activity in the first quarter of 2016, combined under construction and advanced development capacity has averaged 15% growth quarter over quarter. The combined 20,280 MW of wind power capacity is spread across 147 wind projects in 32 states. Projects in these two categories can be reasonably expected to be completed in the near term. 22,000 20,000 18,000 15% Average Growth Rate 18,279 20,280 Wind Power Capacity (MW) 16,000 14,000 12,000 10,000 8,000 6,000 15,231 4,000 2, Q16 2Q16 3Q16 Under Construction End of Quarter Advanced Development End of Quarter Combined Total American Wind Energy Association U.S. Wind Industry Third Quarter 2016 Market Report AWEA Public Version 8

9 Wind Power Capacity Under Construction 15,000 14,000 13,000 12,000 11,000 Project developers reported 2,501 MW in new construction announcements during the third quarter, with 13,563 MW of total reported construction activity across 27 states. With total reported construction activity increasing 16% on average each quarter since the fourth quarter of 2015, the U.S. industry is within 1,000 MW of the record construction levels reported in ,000 Wind Power Capacity (MW) 9,000 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1, Q11 2Q11 3Q11 4Q11 1Q12 2Q12 3Q12 4Q12 1Q13 2Q13 3Q13 4Q13 1Q14 2Q14 3Q14 4Q14 1Q15 2Q15 3Q15 4Q15 1Q16 2Q16 3Q16 New Construction End of Quarter All Construction End of Quarter Note: Projects reported as under construction are presumed to have taken steps to qualify for the PTC through safe harbor or physical construction. American Wind Energy Association U.S. Wind Industry Third Quarter 2016 Market Report AWEA Public Version 9

10 Map of Wind Power Capacity Under Construction AK GU CA 132 OR 50 WA HI 3 NV ID AZ UT 80 MT 266 WY 80 CO 137 NM 1,003 ND 852 SD NE 400 KS 1,259 TX 5,040 OK 1,194 MN 293 IA 609 MO 500 AR LA WI IL 462 MS MI 236 IN TN AL PR KY OH 207 GA WV 103 SC FL PA 40 VA NC 208 NY 79 VT 30 ME 268 CT NJ DE MD 1 NH MA 8 RI 33 0 to 250 MW >250 MW to 500 MW >500 MW to 1,000 MW >1,000 MW to 5,000 MW >5,000 MW American Wind Energy Association U.S. Wind Industry Third Quarter 2016 Market Report AWEA Public Version 10

11 Utility-Scale Wind Projects Completed during 2016 State Project Name Project Capacity (MW) Turbine OEM Turbine Model Project Developer Project Owner Power Purchaser First Quarter 2016 GU Guam Power Authority Wind Turbine 0.28 Vergnet GEV MP-C Guam Power Authority Guam Power Authority Guam Power Authority IA Adams Siemens SWT MidAmerican Energy MidAmerican Energy MidAmerican Energy NM Milo (of 49.50) Vestas V EDF Renewable Energy; Infinity Wind Power EDF Renewable Energy; BlackRock Merchant (SPP) OH Harpster Wind 1.50 Goldwind GW87/1500 One Energy LLC One Energy LLC AEP Ohio OK Grant Wind Siemens SWT Apex Clean Energy Southern Power ETEC (50.6 MW); NTEC (50.6 MW); Western Farmers Electric Cooperative (50.6 MW) OK Kingfisher Wind (of ) Vestas V Apex Clean Energy First Reserve Merchant Hedge Contract UT Latigo GE Renewable Energy Sustainable Power Group Sustainable Power Group PacifiCorp Second Quarter 2016 TX Colbeck s Corner GE Renewable Energy E.ON Climate & Renewables E.ON Climate & Renewables Undisclosed IA Green Energy Machine 1.79 GE Renewable Energy Greenfield Wind Power LLC Community Central Iowa Power Cooperative KS Marshall Wind Energy Vestas V BHE Renewables; RPM Access Wind Development BHE Renewables City of Independence (20 MW); KMEA (7 MW); Kansas Power Pool (25 MW); MJMEUC (20 MW) NE Prairie Breeze III GE Renewable Energy Invenergy Invenergy City of Grand Island Third Quarter 2016 MA Future Generation Wind 8.00 Gamesa G ConEdison Solutions ConEdison Solutions City of New Bedford, Others ME Passadumkeag Vestas V Quantum Utility Generation Southern Power WMECO (38.46 MW); Merchant (4.44 MW) MN Odell Vestas V Geronimo Energy Algonquin Power Xcel Energy OR Chopin 9.90 GE Renewable Energy BayWa r.e. Wind BayWa r.e. Wind PacifiCorp RI WED Coventry VENSYS VENSYS 82 Wind Energy Development LLC Wind Energy Development LLC Town of West Warwick American Wind Energy Association U.S. Wind Industry Third Quarter 2016 Market Report AWEA Public Version 11

12 Utility-Scale Wind Projects Completed during 2016 State Project Name Project Capacity (MW) Turbine OEM Turbine Model Project Developer Project Owner Power Purchaser RI WED Coventry VENSYS VENSYS 82 Wind Energy Development LLC Wind Energy Development LLC Narragansett Bay Commission RI WED Coventry VENSYS VENSYS 82 Wind Energy Development LLC Wind Energy Development LLC Narragansett Bay Commission RI WED Coventry VENSYS VENSYS 82 Wind Energy Development LLC Wind Energy Development LLC National Grid TX Gunsight GE Renewable Energy Invenergy Invenergy 3M TX Los Vientos IV Vestas V Duke Energy Duke Energy Austin Energy TX South Plains II Vestas V Westerly Wind, Tri Global Energy Novatus Energy Hewlett-Packard Company (112 MW); Merchant Hedge Contract (188.3 MW) UT Tooele Army Depot II 1.79 GE Renewable Energy U.S. Army Corps of Engineers U.S. Army Corps of Engineers U.S. Army American Wind Energy Association U.S. Wind Industry Third Quarter 2016 Market Report AWEA Public Version 12

13 Map of Projects Online & Under Construction during 2016 Projects Online 1Q 2016 Projects Online 2Q 2016 Projects Online 3Q 2016 Projects Under Construction GU! CA OR WA NV ID UT AZ MT ND (! MN SD WI (! WY MI PA NE IA IL IN OH CO WV KS VA MO KY NC TN OK NM AR SC AL MS GA LA TX ME VT NH MA NY RI CT NJ DE MD AK HI FL American Wind Energy Association U.S. Wind Industry Third Quarter 2016 Market Report AWEA Public Version 13

14 AWEA Industry Data & Analysis For additional AWEA industry data & analysis, please visit where you can download previous versions of the Quarterly Market Reports and the latest Annual Market Report. The AWEA U.S. Wind Industry Third Quarter 2016 Market Report can be accessed at Access AWEA Market Database Pro at for a comprehensive database of all online, under construction, and advanced development wind projects, turbine-level data, and active wind-related manufacturing facilities. For a spreadsheet with underlying data or with any corrections, please contact Hannah Hunt at hhunt@awea.org. American Wind Energy Association U.S. Wind Industry Third Quarter 2016 Market Report AWEA Public Version 14

15 AWEA Industry Data & Analysis New to Market Database Pro this Quarter! AWEA continues to expand its data services with the Market Database Pro Interactive Web Map. This interactive web map allows AWEA members to visually and geospatially explore the comprehensive data available in Market Database Pro on wind projects and wind-related manufacturing facilities across the U.S. The new mapping tool also includes summary maps, boundaries for electricity regions, and political boundaries across individual states. Members can now map the footprint of a wind turbine manufacturer, explore the wind projects of a particular owner, find the closest blade manufacturer to a project site, or highlight the projects in a particular Congressional District. AWEA Members can access the Market Database Pro Interactive Web Map by clicking the Interactive Map icon on the home page of Market Database Pro. American Wind Energy Association U.S. Wind Industry Third Quarter 2016 Market Report AWEA Public Version 15